The arguments in the case were heard by a five-judge constitution bench. (File)New Delhi: The Supreme Court today upheld the legality of the 2016 government decision to outlaw 86% of the country’s cash in circulation.The arguments in the case were heard by a five-judge constitution bench of the country’s top court.In November 2016, Prime Minister Narendra Modi personally led the shock move to outlaw 86% of the cash in circulation to target undeclared “black money” and fight corruption.The petitioners included lawyers, a political party, co-operative banks and individuals, all of whom challenged the decision in the court.(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)Featured Video Of The DaySensex, Nifty Hit New Lifetime Highs
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